- Soyabean trading range for the day is 3068-3118.
- Soyabean prices dropped on profit booking after prices gained amid good physical demand from the oil millers after hike duty on in edible oil imports.
- Moreover, reports that government is likely to double the incentive on export of oilmeals to 10% to support domestic oilseed prices.
- NCDEX accredited warehouses soyabean stocks gained by 1896 tonnes to 167648 tonnes.
- At the Indore spot market in top producer MP, soybean gained 19 Rupees to 2995 Rupees per 100 kgs.
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